8 ms·
Why would lots of shares available at 5.05 cause others to sell shares for 4.90?
by sfn42 2y ago
Why would lots of shares available at 5.05 cause others to sell shares for 4.90?
- hattmall 2y agoBecause you want to move ahead of the 5.05 seller and be sure your shares can sell for $4.90. If the $5.05 seller is trying to sell 5 million, but it's taking a long time. They might drop down to $4.85 or something. It's all game theory and predicting what others will do. A big part of that is having all of the information.